Tài chính doanh nghiệp - Chapter thirteen: Regulation of commercial banks

Commercial banks provide many unique services information, liquidity, price-risk reduction, transaction cost, maturity intermediation, and payment services money supply transmission, credit allocation, intergenerational wealth transfers, and denomination intermediation Failure to provide these services can be costly to both users and suppliers of funds Accordingly, commercial banks are regulated at the federal (and sometimes state) level